Day: September 8, 2020
SANTA ANA, Calif., Sept. 08, 2020 (GLOBE NEWSWIRE) — Spectrum Group International, Inc. (OTCPK:SPGZ) (“SGI” or the “Company”), an integrated network of leading companies concentrating on numismatics (coins) and paper currency, announced today the commencement of a self-tender offer (the “Offer”) to purchase for cash up to 4,000 common shares, par value $0.01 of the Company (the “Common Shares”). The purchase price is $625 per Common Share.The Offer will expire at 5:00 pm, Eastern Time, on Tuesday, October 6, 2020, unless extended by SGI (the “Expiration Time”). Tenders of the Common Shares must be made prior to the Expiration Time and may not be withdrawn. However, if the Expiration Time is extended and closing of the Offer has not occurred by November 7, 2020, shareholders may withdraw their previously tendered Common Shares.Participation...
Cohen & Company and INSU Acquisition Corp. II Announce Completion of INSU Acquisition Corp. II $230,000,000 Initial Public Offering, Including Full Exercise of Over-Allotment Option
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PHILADELPHIA, PA, Sept. 08, 2020 (GLOBE NEWSWIRE) — Cohen & Company Inc. (NYSE American: COHN) and INSU Acquisition Corp. II (NASDAQ:INAQU) today announced that INSU Acquisition Corp. II (the “Company”), a blank-check company sponsored by Cohen & Company and formed for the purpose of acquiring or merging with one or more businesses or entities in the insurance industry, completed its initial public offering of 23,000,000 units at a price of $10.00 per unit, which includes 3,000,000 units issued pursuant to the underwriters’ over-allotment option, for gross proceeds to the Company of $230,000,000. The Company’s units began trading on September 3, 2020 on the Nasdaq Capital Market under the symbol “INAQU”. Each unit issued in the offering consists of one share of the Company’s Class A common stock and one-third...
International Money Express, Inc. Delivers Record Remittances in August
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MIAMI, Sept. 08, 2020 (GLOBE NEWSWIRE) — International Money Express, Inc. (NASDAQ: IMXI), (Intermex) a leading money remittance services company, today announced that it set an all-time high for one month sales in August delivering 2,999,869 remittances, up 13.4% over August 2019. Contributing to this record performance were all-time high transactions to countries including Mexico, Guatemala, and Honduras.“We are extremely proud of the dedication and performance of our agent partners and Intermex employees to deliver these critical remittances from the United States and Canada to individuals across Latin America and Africa,” said Chairman, CEO and President, Bob Lisy. “Our ability to attract customers is a testament to Intermex’s focused, high quality agent network strategy, and our ability to provide high reliability and service...
Alphatec to Participate in Upcoming Investor Conferences
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CARLSBAD, Calif., Sept. 08, 2020 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq: ATEC) (“Alphatec” or the “Company”), a provider of innovative spine surgery solutions dedicated to revolutionizing the approach to spine surgery, announced today that Pat Miles, Chief Executive Officer, will participate in the following virtual fireside chats:Morgan Stanley’s 18th Annual Global Healthcare Conference on September 18, 2020, at 11:00 A.M. ET.Lake Street Capital Markets 4th Annual Best Ideas Growth Conference on September 17, 2020, at 4:00 P.M. ET.Jeff Black, Chief Financial Officer, will virtually present at the H.C. Wainwright Annual Healthcare Conference on September 15, 2020, at 1:00 P.M. ET.Management will also participate one-on-one meetings with registered conference attendees. If available, a live audio webcast of each of the...
Flexion Therapeutics Announces Treatment of First Patient in Second Cohort of FX201 Phase 1 Dose-Escalation Trial
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Five patients treated in first cohort of Phase 1 clinical trial evaluating the safety and tolerability of FX201; Drug Monitoring Committee (DMC) supported the initiation of the next dosing cohortBURLINGTON, Mass., Sept. 08, 2020 (GLOBE NEWSWIRE) — Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced the treatment of the first patient in the second cohort of the Phase 1 dose-escalation trial evaluating the safety and tolerability of FX201, an investigational, intra-articular, IL-1Ra gene therapy product candidate being developed for the treatment of osteoarthritis (OA).“We are encouraged by the continued progress of the single ascending dose study of FX201,” said Michael Clayman, MD, President and Chief Executive Officer of Flexion Therapeutics. “OA is a painful, progressive disease which has no cure and although it remains...
Reminder: Constellation Brands to Present Virtually at the Barclays Global Consumer Staples Conference on September 9, 2020
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VICTOR, N.Y., Sept. 08, 2020 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reiterates that Garth Hankinson, chief financial officer, will present virtually at the 2020 Barclays Global Consumer Staples Conference on Wednesday, September 9, 2020. The presentation is scheduled to begin at 11:20 a.m. ET and is expected to cover the company’s strategic business initiatives, financial metrics, operating performance, and recent product portfolio performance, as well as outlook for the future, including an update on the pending Wine and Spirits transactions.A live, listen-only webcast of the virtual presentation will be available on the company’s website, which can be accessed at www.cbrands.com, under the Investors/Events & Presentations section. When the presentation begins,...
RPT Realty Provides Rent Collection Update
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NEW YORK, Sept. 08, 2020 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (the “Company”) announced that August collections of rent and recovery income through September 4, 2020 were 86%, up from 79% in July and 70% in the second quarter. Including signed or approved deferral agreements totaling 7%, the Company has addressed 93% of its August billed rent and recovery income.“Against the backdrop of a reacceleration in new leasing activity with several leading brands, continued progress on our grocer initiatives and 96% of our tenants now open, rent collections continue to materially improve, demonstrating the strength and resiliency of the portfolio,” said Brian Harper, President and Chief Executive Officer.About RPT RealtyRPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S....
Iterum Therapeutics to Present at the 22nd Annual H.C. Wainwright Global Investment Conference
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DUBLIN, Ireland and CHICAGO, Sept. 08, 2020 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM) (the “Company”), a clinical-stage pharmaceutical company focused on developing next generation oral and IV antibiotics to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, today announced its participation at the 22nd Annual H.C. Wainwright Global Investment Conference. The conference will be held virtually from September 14 – 16, 2020. Corey Fishman, Chief Executive Officer, is scheduled to present an overview of the Company on Wednesday, September 16, 2020 at 10:00 a.m. ET.About Iterum Therapeutics plcIterum Therapeutics plc is a clinical-stage pharmaceutical company dedicated to developing differentiated anti-infectives aimed at combatting the global crisis of multi-drug resistant...
Gladstone Commercial Corporation Executes Two Year Lease Extension at Georgia Industrial Property
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MCLEAN, Va., Sept. 08, 2020 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it has signed a lease extension with Haier US Appliance Solutions (“Haier”) at their industrial facility located at 6900 Highway 411 North, in Crandall, Georgia. Haier originally signed a 10.5 year lease for a 504,400 square foot build to suit facility that was delivered in March of 2020. Haier agreed to extend the lease by the additional two years in exchange for Gladstone Commercial assisting in the installation of a redundant generator and making minor improvements to the exterior common areas. Haier utilizes the property to import and distribute appliance components through the Appalachian Regional Port via rail from the Port of Savannah.“We are excited to work with Haier and help them...
Conformis, Inc. to Present at the 2020 H.C. Wainwright Global Investment Conference
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BILLERICA, Mass., Sept. 08, 2020 (GLOBE NEWSWIRE) — Conformis, Inc. (NASDAQ:CFMS) will participate in the upcoming 2020 H.C. Wainwright 22nd Annual Global Investment Conference, to be held virtually on September 14-16, 2020. Mark Augusti, President and Chief Executive Officer, and members of the Company’s management team, will present on Tuesday, September 15, 2020, in a session scheduled to begin at 2:30 p.m. ET.Mr. Augusti and members of the Company’s executive management team will also be participating in one-on-one meetings with investors registered to attend the conference.The live webcast of the presentation will be available by visiting the Company’s Investor Relations website at http://ir.conformis.com/events on Tuesday, September 15, 2020. The webcast will be available for replay on the Company’s website following the...